US EU Deal | US, EU Strike Trade Deal; European Bloc To Face 15% Tariffs On Most Exports

US EU Deal | US, EU Strike Trade Deal; European Bloc To Face 15% Tariffs On Most Exports The United States and European Union on Sunday clinched what President Donald Trump described as the "biggest-ever" deal to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war. Trump emerged from a high-stakes meeting with European Commission President Ursula von der Leyen at his golf resort in Scotland to announce that a baseline tariff of 15 percent would be levied on EU exports to the US.

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